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going over the so called fiscal cliff. we have the latest on the talks from washington. mayans predicted the are world would end tomorrow, here in washington that doesn't seem to be creating urgency to get a fisal cliff deal. >> the president called on the house again and again to pass a bill to protect 98 pr of the american frem a tax hike. well... today we're going to do better than that. >> house speaker john boehner movering forward on plan b, extending the current tax rates for those making less than $1 million a year, 99.81% of americans. for the rest micking more than $1 million, tax rates go up. but if plan b doesn't addresssí spending cuts and today, president obama's spokesman was blunt. >> plan b, only thing the house of representatives, republicans and house are focused on how is a multi day exercise in futility. we dozl-iy not have the luxury f exercises in futility. >> boehner says he's done his part, white house andd0oÑ senate democrats haven't done their autos their plan b is to slow walk us over the fiscal cliff. >> the house is expected to vote tonight. some have come
. the president said washington won't just talk about tackling gun violence. >> this is a team that has a tas tok pull together real reforms, right now. >> the president urged congress to vote on an assault weapons ban, a ban on ammunition clips and close the gun show loophole so hall would be subject to background checks. >> the task force will recommend policies beyond gun conroll. >> we're going to need to make access to mental health care. >> the president hoping to seize this moment of heightened public awareness to push washington to change. >> if there is one thing we should have after this week, it should be a sense of perspective about what is important. >> his announcement is quieting criticism from within the president's ranks. one congressman whose husband was killed now he'll feels the president is showing leadership. but+ús gun regulations will no doubt meet with resistance from the nra, so far has not commented since the connecticut shooting. but has scheduled a news conference for friday. the president says he's ready. >> nra is an organization with members that are mothers and
the hopes of many parents. >> and the president back in washington with four days still to go before that so called fiscal cliff arrives. both sides trading blame today. >> also here, big change coming from people who park in san francisco. you can tell you won't like the news. >> if you're looking to buy a new car, now is a great time. i'll tell you why you n >>> another day closer to falling off the fiscal cliff. and from all appearances no compromise is in sight. today, the president returned to washington. he's sending lawmakers a scaled down plan to avoid that fiscal cliff. abc 7 mark matthews brings us up to speed on gridlock. >> sticking point continues to be tax cuts z in starting to look like no deal before the january 1 deadline. this may already be too late. five days until the fiscal cliff. hairy reid admitted a deal seems unlikely. >> i have to be honest. i don't know time wise how it can happen now. >> reid called john boehner a dictateor and paintin painting -- pointing blame on him. >> we're here in washington working. wile members of the house of representatives are out watc
heading back to washington after a break but e. avoid the fiscal cliff. official says they don't know of any significant strides towards a compromise being made for the long christmas weekend. >> president obama spent part of the christmas day greeting thanking service member autos thanks for the work. >> knowing there are steeper cuts and the president is giving it a last shot, cutting short his vacation, returning to washington, d.c. tomorrow to try to hammer out a last minute deal with congressional republicans. if there is no break through, every american will be hit with higher taxes. a schoolteacher with two kids and a salary of $43,000 will face a tax hike of $3,000. the super rich like lebron james would see his tax goes up more thanhóÁ$2.4 million this year. >> i want us to not go over the cliff. i think it hurts the country. >> middle class people shouldn't have tax goes up?(héq $2,000 a year, we should start making some meaningful reform on debt. >> going over the fiscal cliff mean morz than higher taxes. federal workers at risk of being furloughed and unemployment benef
at markets now. stocks closing higher in washington. as for your bloomberg skamy index, it closed higher as well. finally expect to see changes to your yahoo e mail. attracts more mobile users first major product unveiling since the eeo took over this year. >> thank you. >> some big changes today weather wise. it's a remarkable shift three locations for thex'6 day. here is a live view from our mount tam camera looking over clouds in the atmosphere, low breaks of sun here and there. we won't be seeing sunshine very longsvñaj. we don't see rainfall in the bay area just yet. it's just hours away and north at the moment. up around eureka there is quite a bit of rainfall. and towards mendocino county probably reaching into northern most parts of sonoma county. we're going to get wet weather tonight. reading as into low to mid-50s in the bay area. and 55 across the bay in oakland. these forecast features rain arriving this evening, tapering off to scattered showers, then, we'll have frosty mornings falling thursday and friday. cold air is coming in behind the frontal system. we'll start at 7
republicans drop opposition to raising taxes on wealthyest americans. we have more now from washington, d.c.. >> was the white house and congressional republicans put forward a plan to avoid the fiscal cliff, now, they're miles apart, gaining in their heels. the president told bloomberg tv a deal is possible, but... >> this proposal now is still out of balance. >> the plan sent yesterday offers a total of 2 tth $2 trillion in deficit reduction including $1.2 trillion in spending cuts. and00 billion in new tax revenue no. rate increases in top two percent of taxpayers. that is nonnegotiatable for the president. >> we're not going to be able to get a deal without it white house says the math doesn't add up. >> it's magic beebs and fairy dust. >> with just 28 days until deadline, negotiations reach aid stalemate. >> there is nothing going on privately that is not going on publicly. >> there are no plans at this time for leaders to meet with the president at the while the house. it doesn't sound like he's sending out invitations any type soon. >> i don't think that the yish now has to do with
fired the rockets into orbit today defying previous warnings from un and washington this, is video provided by north korea state run television. the saying the launch violated a resolution banning any launch using ballistic missle tech nlg. the obama administration called the launch a provocative act. >> house republican leaders are pressing president obama to come up with a plan they can accept for spending cuts and tax revenues to avoid the so called fiscal cliff. time is running out now for both parties to reach a compromise. we have the latest. >> the deadline to avoid the fiscal cliff is december 316789 lawmakers have less time if they want get something together that congress can pass and the president can sign. >> the longer the white house road blocks this discussion, closer our economy gets to the fiscal cliff. >> in an interview, the president was optimistic a deal can be reached. >> i'm confident republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> monday night, white house sent speaker boehner on offer includin
web site. >> ominous looking at the sky. now at 4:00, a surprise in washington. u.n. ambationz dorsusan rice has taken herself out of the running for the secretary of state. >> she had been the frontrunner the federal post. she faced criticism from senate republicans who have taken issue with her initial statements about the u.s. consulate attack in benghazi, libya. rice submitted a letter to president obam apredicting the confirmation process would be lengthy, time consuming and costly. noting the unfairness of the attacks, massachusetts senator, john kerry is now the projected frontrunner for that post. >> the unscheduled fiscal cliff meeting at the white house between president obama and babe bane is over. no word of progress. the two met for about an hour this afternoon. this was their first face-to-face talk since sunday. mr. obama and boehner have struggled to make the impasse over taxes. the president wants tax rates to rise for the top 2% of income earners, which boehner is opposed to. the deal must be reached by december 31 to avoid the fiscal cliff, which would trigge
incidents since that was passed. >> new signs out of washington today that republicans and democrats are working together to come to a solution to avoid the fiscal cliff. abc 7 news is in washington with the latest. >> back and forth continued today two.bcuides not close to a final deal. house speaker john boehner says he continues to work with the president but keeping handy a plan b, extending the bush tax cuts for everybody making less than $1 million. >> having a back up plan to make sure few taxpayers were affected by this increase as possible. moving down that path is the right course of action for us. >> after meeting with boehner yesterday, the president sweetened his offer including $1.2 trillion in tax increases down from the offer of $1.6 trillion. extending tax cuts for every american earning less than0oñ $400,000 a year, instead of $250,000. limiting amount of cost of living increases for social security recipients and a two year extension on the debt ceiling. >> the president has come halfway, republicans have come about this far. so we're close. the president demonstr
to washington, d.c. tomorrow to continue to fight for this fight. and you have the resistance movement in the congress. i want you to know. aoñóv resistance movement. >> oakland congress woman to refuse cuts but those are two of the biggest in the budget, making up 40% of what the government spends. >> so you'reeplsÑ talking 40% of the budget taking off the table.lbe)l >> 40%. yes. it's important to recognize that we can put revenue on the table. we have to raise the revenue from areas where we know that there are ways to be where we can really have significant savings. >> waste, fraud, abuse said lee but don't think about cutting social security or medicare, even for the wealthy. members vowed to call on speaker of the house john boehner to tell him, no cuts to services. >> when the president says i want to balance the budget is he saying i want no cuts to 40% of the budget? >> no. he's saying he won't cut services. >> that is what they are saying. rich johnson went to one in oakland at 68 he's retired. >> i worked for 50 years. people put part of the income into social social ti.
in washington, d.c. this morning. in burlingame, scoot jackson, an nra instructor shows us some guns he uses to teach home defense and personal protections. he says assault weapons and high capacity an anything clips are not the problem. >> kids are detached.h]x#Ñ everybody is in video games. they're detached from parents because of the media sources. >> jackson blames video games and a reliance on prescription drugs to treat behavioral problem autos there are a generation of murderers being raised because of video games and mind altering drug autos at san francisco law center the director says connecticut does have an assault weapons ban now. >> connecticut, however, does not ban large capacity ammunition magazines. that is something we understand was used in this shooting. and unfortunately, it's something we see in almost all mass shootings. >> i did call individual yes game programmers today, and their associations organization did not get a response, coming up at 6:00, long time gun rights members of congress speaking out against the clips, we'll get reaction to that from our firearms
january 1. it's legal in washington state. x/Ñ the first to approve by popular vote. >>e-= former president george w bush is getting better but still in intensive care. a family spokesman says the 88-year-old is alert and in good spirits. he says the former president intersection with doctors and nurses now includes making jokes and singing. a long time aide to the 41 president is telling well wishers to quote, put harps back in the closet. he's been hospitalized since november 23rd moved sunday for treatment of a fever following a bronchitis-related cough. seems to be doing better. >> michael finney is here now with an important alert from pg&e. >> yes. yes dale tails on it. >> listen to this. pg&e is warning us a man with an accent is calling senior citizens0lb>÷ telling them servs will be put off unless providing credit card or gift card information. and of course, pg&e tells us this is a scam. they will never ask for this over the phone. they want anyone targeted to contact police. pg&e working with law enforcement to try to catch this guy. if you feel comfortable talking to
with us morks still to come at 4:00. >> a dream come true for a washington state teenager thanks to thoughtfulness of her friends. she is now legally blind, result of a rare eye disorder during a classroom conversation, a teacher asked students what would do you if you couldn't fail? there were plenty of predictable answers about money and fame burke not from alley. she said she'd like to drive. inspired her friends made it happen. knowing she can see a bit under faint light, they created a road for her to drive on in a driver's ed car. >> thank you! >> woo! >> thank you so much, thank you. >> this means so much for me. just a great deal. i love you all. >> she wants to be like others and that is in the the end of the story. in lieu of birthday presents she asked for cans of food to donate to seattle's needy. >> it's spectacular. >> it's heart felt, good that they'd do that for her. >> and a lot of work. a comic duo makes it a family affair. >> the dance just keems on dancing. today's entertainment report from on the red carpet. >> they filled shows as dysfunctional duo now, they
Search Results 0 to 12 of about 13